Do you know that almost 600000 new types of businesses are founded every year? As per the survey that was conducted recently, people have reported many reasons of starting their own business. They believed that there are many benefits of having your own business and that is the reason they give a preference of starting their own company. The survey gave many reasons out of which following were the mutual answer of most of the people. Let’s have a look on why it is advantageous of having your own business:

You get to make your own decisions: Business gives you an opportunity of running something on your won and because of which you are the master of the work you do. You do not work under any one and you are the only one responsible of every decision you take- good or bad. This is the reason that owning the business is found advantageous by many people.

You can work on your own time: Your business runs on your decisions and controlled as per your time. The best advantage of having your own business is you can work on flexible hours, manage your own time because you are not answerable to anyone. If you have any family emergency or any other work, you do not have to ask for permission for leave. You can ask your employees to conduct it. You can set your own hours, fix your own time, give time to your family and you can also work from home sometime.

You get the right to select your employees: A business cannot run by a single person. For this, you have to appoint other employees and workers for your help who can work under you and mange your work well. This way you get an opportunity to choose them efficiently and you get the right to decide who to work with.

You get all the profits because you take risks: A business is not very easy to start and maintain. It involves certain risks and planning that are crucial part in any business. These risks and decisions are taken by you. As a result, if anything fruitful comes up, you get to enjoy all the gains that your business yields. Although you get to distribute the profit among your employees as well because they work for you, but you save a lot.

You can do whatever you want: Many people who work for other companies regularly complain that they are not enjoying their work because it is different to what they like. A business lets you work on something that you like to do. You can follow your passion and chase your dream through your business. You do not have to serve people in an environment that you do not like.

Business lets you feel proud of yourself because you step out from the crowd and start something new and different to what most of the people keep doing all their lives.

Last month, VentureBeat hosted the 10th annual MobileBeat conference in San Francisco. The topics of choice: artificial intelligence, machine learning, and, of course, chat bots. We could spend days... [[ This is a content summary only. Visit my website for full links, other content, and more. ]]